Rivian stock eyes second-half delivery as R2 hype fades
Rivian Automotive, Inc. goes into the U.S. open Monday still showing gains from last week’s delivery numbers. The bigger question now isn’t the Q2 beat. It’s whether Rivian can push its second-half run rate up to match the new forecast. U.S. markets were still closed when this was filed. The NYSE was set to open at 9:30 a.m. ET after being shut for Independence Day on Friday, July 3. As of the last pricing, Rivian was quoted at $18.63 and valued at around $23.3 billion.